Finance

Dow leads stocks lower ahead of Powell testimony: Stock market news today

Stocks ended the session lower Tuesday as investors awaited Federal Reserve Chairman Jerome Powell’s testimony and eyed potential headwinds to the recent rally, including concerns about China’s economy. The Dow Jones Industrial Average (^DJI) fell 0.72%, or more than 200 points. The S&P 500 (^GSPC) was down about 0.47%, while the Nasdaq Composite (^IXIC) dropped …

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The Bank of Canada is expected to raise interest rates once more, cap at 5%

Article content The Bank of Canada will raise borrowing costs by another 25 basis points in coming months before capping its tightening cycle, economists said. Article content Canada’s central bank will increase its key overnight rate to five per cent in the third quarter, according to a monthly Bloomberg survey of 25 economists. That would …

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A blueprint to select visuals that boost SEO in a TikTok-centric world

30-second summary: Creating an emotional connection through visuals is crucial to connect with consumers The ever-changing landscape of consumer visual processing requires marketers to thoughtfully select visuals that align with their content, boost SEO performance and drive higher conversions When visual content can increase search visibility, more than 43% of marketers struggle to constantly produce …

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Corporate bankruptcies surge on high interest rates, uncertainty

Federal Reserve Board Chairman Jerome Powell departs after speaking during a news conference following the Federal Open Market Committee meeting, at the Federal Reserve in Washington, DC, on June 14, 2023. Mandel Ngan | AFP | Getty Images The Federal Reserve plans to keep hiking interest rates to stem inflation, which means an increase in …

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How to solve Canada’s slow-moving retirement crisis

Breadcrumb Trail Links Retirement Personal Finance Fraser Stark: Every Canadian who can comfortably navigate their own retirement finances is one less person requiring expensive subsidized care from the public purse Published June 24, 2023 • Last updated 1 hour ago • 5 minute read Retirees face uncertainty on multiple fronts: market returns, cost inflation and …

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